Acotec Scientific Holdings (STU:7W3) Days Payable : 111.13 (As of Dec. 2024)

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What is Acotec Scientific Holdings Days Payable?

Acotec Scientific Holdings's average Accounts Payable for the six months ended in Dec. 2024 was €4.48 Mil. Acotec Scientific Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was €7.36 Mil. Hence, Acotec Scientific Holdings's Days Payable for the six months ended in Dec. 2024 was 111.13.

The historical rank and industry rank for Acotec Scientific Holdings's Days Payable or its related term are showing as below:

STU:7W3' s Days Payable Range Over the Past 10 Years
Min: 3.91 Med: 65.53 Max: 109.31
Current: 82.18

During the past 6 years, Acotec Scientific Holdings's highest Days Payable was 109.31. The lowest was 3.91. And the median was 65.53.

STU:7W3's Days Payable is ranked better than
57.81% of 787 companies
in the Medical Devices & Instruments industry
Industry Median: 69.06 vs STU:7W3: 82.18

Acotec Scientific Holdings's Days Payable increased from Dec. 2023 (74.13) to Dec. 2024 (111.13). It may suggest that Acotec Scientific Holdings delayed paying its suppliers.

Acotec Scientific Holdings Days Payable Historical Data

The historical data trend for Acotec Scientific Holdings's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Acotec Scientific Holdings Days Payable Chart

Acotec Scientific Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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20.53

48.31

107.77

91.63

80.53

Acotec Scientific Holdings Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial						145.30	93.38	74.13	59.99	111.13

Competitive Comparison of Acotec Scientific Holdings's Days Payable

For the Medical Devices subindustry, Acotec Scientific Holdings's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Acotec Scientific Holdings's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Acotec Scientific Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Acotec Scientific Holdings's Days Payable falls into.

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Acotec Scientific Holdings Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Acotec Scientific Holdings's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (2.477	+	5.121)	/	2 )	/	17.218	*	365
=	3.799					/	17.218	*	365
=	80.53

Acotec Scientific Holdings's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (3.847	+	5.121)	/	2 )	/	7.364	*	365 / 2
=	4.484					/	7.364	*	365 / 2
=	111.13

Acotec Scientific Holdings Days Payable Related Terms

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Acotec Scientific Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Acotec Scientific Holdings Ltd (STU:7W3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

06669:Hong Kong 7W3:Germany

Address

16 North Hongda Road, 4-5th Floor, Building No. 1, Beijing Economic-Technological Development Area, Beijing, CHN

Website

http://www.acotec.cn

Acotec Scientific Holdings Ltd is a medical technology company, focusing on the research and development, and application of technology platforms in the field of vascular interventional treatment. Its product portfolio comprises Semi-compliant PTCA balloon (YAN), Coronary CTO Recanalization Balloon (RT-Zero), Coronary CTO Antegrade Micro-Catheter (Vericor-14), Coronary High-Pressure Balloon (YIYAN), Coronary CTO Retrograde Micro-Catheter (Vericor-RS), Cardiac Valve Balloon Dilation Catheter (RunFlow), etc., and also has various other products in its development pipeline. Geographically, the company generates a majority of its revenue from Mainland China, and the rest from other regions.

Acotec Scientific Holdings Headlines

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